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About the Listing 3117 - A31279
Situated in the highly desirable Madison Heights neighborhood of Pasadena, this unique multi-unit property offers exceptional investment potential. Set on a spacious 12,342 sq.ft. lot and zoned RM-32, the property presents a rare opportunity for future development. According to the City of Pasadena (buyer to verify), the lot size may allow for the construction of approximately 9 units. The property currently features 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S. Marengo 2 BR, 1 BA ( back house) Additional amenities include three single car garages on site. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore development possibilities, this property offers versatility and long-term upside in one of Pasadena's most sought-after locations.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances: Gas Range
- Air Cond: Wall/Window Unit(s)
- Heating: See Remarks,Wall Furnace
- Fireplaces:
- Floor: Carpet,Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bedroom on Main Level
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Back Yard,Front Yard,Near Park,Near Public Transit,Sprinklers Manual,Street Level,Value In Land,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 6
- Zoning: RM-32
- Roof: Composition
- Others: 2+ Total Units
- Sewer: Sewer Tap Paid
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5720022001
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
892 S Marengo Pasadena, CA 91106
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